Swedish ICA stores announces October 2016 sales figures

Solna, Sweden, 2016-Nov-08 — /EPR Retail News/ — Sales in the Swedish ICA stores decreased by 1.3% in October 2016 compared with the corresponding month last year. Sales in like-for-like stores decreased by 1.7%.

October 2016 January – October 2016
Store sales, excl. VAT SEKm Change all
stores
Change
like-for-like
SEKm Change all
stores
Change
like-for-like
Maxi ICA Stormarknad 2,695 -1.1% -1.3% 27,635 2.9% 2.2%
ICA Kvantum         2,184 -1.7% -2.2% 22,092 2.3% 1.9%
ICA Supermarket 2,721 -1.5% -2.1% 27,914 1.8% 1.7%
ICA Nära         1,323 -0.6% -0.9% 13,927 2.8% 3.0%
Total 8,923 -1.3% -1.7% 91,567 2.4% 2.1%

In October 2016, sales in the Swedish ICA stores totalled SEK 8,923 million excluding VAT, which is a decrease of 1.3% compared with the same month in the previous year. Sales in January-October 2016 amounted to SEK 91,567 million, an increase of 2.4% compared with the previous year.

ICA Gruppen estimates the calendar effect for October to be -2.0%.

At 31 October 2016, the number of ICA stores in Sweden was 1,297. Store sales for November will be published on 8 December 2016 at 08.45 CET.

To see all publication dates in 2016, please visit ICA Gruppen’s website http://www.icagruppen.se/en/investors/calendar.

This information is such that ICA Gruppen AB is obligated to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication at time 08:45 on Tuesday November 8, 2016.

For more information:
ICA Gruppen press service
Telephone number: +46 10 422 52 52

Source: ICA Gruppen